Goldman Sachs: The Fed ' s interest rate increase in September is extremely low, with inflation slowing down

According to Jan Hatzius, the Chief Economist of Goldman Sachs, the possibility of the Fed raising interest rates in September was very low, owing to weak recent inflation data. According to Goldman Sachs ' analysis, market expectations for further interest rates remain too aggressive, especially when retail sales, employment data and inflation are not as high as expected. Hatzius noted that the market's probability of an interest rate increase in September had been reduced to about 30 per cent, and the expectation of a next rate increase had been postponed to January next year. Goldman Sachs also noted that the United States sovereign debt yield curve could be steeper, reflecting concerns about the expected increase in interest rates and fiscal prospects。